Calculating the Pearson correlation coefficient can be complicated but software makes it much easier. You can use several methods to calculate correlation in Excel.

A graphing calculator, such as a TI-84, can also be used to calculate the correlation coefficient. The following instructions are provided by Statology. Step 1: Turn on Diagnostics ...

The article How to Calculate the Regression of 2 Stocks Using Excel originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .

Correlation. In a similar manner, correlation can also be computed from the Data Analysis tool. Alternatively, CORREL function can be a quick way to calculate the correlation coefficient.

You can use several methods to calculate correlation in Excel. Understanding Correlation. The correlation coefficient ranges from -1 to 1. Exactly 1 is considered perfect.

Correlation coefficients can mean a positive, negative, or no relationship between two variables. ... There are several methods to calculate correlation in Excel.